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217 28th Street SE Grand Rapids, MI $ 1,250,000
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$ 1,250,000 Get more info
217 28th Street SE
$ 1,250,000
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Share Save

217 28th Street SE

Grand Rapids, MI, 49507
$ 1,250,000
Baths2.0

Monthly Estimate*

$ 8,732

217 28th Street SE, Grand Rapids, MI 49507 - Image 1
Studio

Commercial Property for sale in Grand Rapids, MI

for $1,250,000 with 2 full baths. This building was built in 1971 on a lot size of 1.72.

First time on the market, the iconic New Beginnings restaurant is available for purchase. 5,000 SF with 1.717 acres along busy 28th Street and less than 1.5 miles from US-131. This purchase is 100% turn-key and fully equipped, ready to open day one! Over 40 parking spots on the side and back. Do not miss this opportunity to own along 28th Street.

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Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 9,883

Style

Retail/Commercial

Lot Size

1.72

Year Built

1971

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

24014118
Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Phone Available Storm Sewer Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Phone Connected Natural Gas Connected Electric Connected C
Roof Rubber
Construction Materials Brick
Year Built 1971
Property SubType Retail/Commercial
Tax Year 2024
Business Type Restaurant Retail
County Kent
New Construction N
Property Type Commercial Sale
Status Active
Directions 28th Street between Division & Madison
City Grand Rapids
High School District Grand Rapids
Zoning Description TN-TBA
Total Units 1
MLS Area Grand Rapids - G
Lot Size Square Feet 74793.0
Waterfront Y/N N
Street Name 28th
Land Lease Y/N N
Tax Annual Amount 9883.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 289
Standard Status Active
Tax Assessed Value 197980
Ownership Type LLC
Legal Description Legal in Agent Remarks
Senior Community None
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Interior
Total Fireplaces 1
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 2
Street Suffix Street
Electric On Property Y/N N
Total Baths 2
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Exterior
Water Source Public
Inclusions {u'Equipment': True u'Real Estate': True}
Lot Size Area 1.72
Number of Buildings 1
Spa N
Building Area Total 5000.0
Lot Dimensions 105 x 712
Lot Size Acres 1.72
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 217
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* Excluded Features
List By
Signature Associates Kalamazoo

Broker

pcachey@signatureassociates.com

Email

Affordability Calculator

$9,555
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,732
Monthly Property Taxes
$824
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/25/2024$1,250,000 Listed Price

Map

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217 28th Street SE, Grand Rapids, MI, 49507 is a Commercial Property for sale at $1,250,000 with a lot size of 1.72. 217 28th Street SE is a studio with 2.0 baths and was built in 1971. The property's zip code is 49507 which is in Grand Rapids, MI

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